AXL
Price:
$6.34
Market Cap:
$752.54M
American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles in the United States, Mexico, South America, China, other Asian countries, and Europe. It operates through Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Fo...[Read more]
Industry
Auto - Parts
IPO Date
1999-01-29
Stock Exchange
NYSE
Ticker
AXL
According to American Axle & Manufacturing Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.77. This represents a change of 4.61% compared to the average of 1.69 of the last 4 quarters.
The mean historical Current Ratio of American Axle & Manufacturing Holdings, Inc. over the last ten years is 1.72. The current 1.77 Current Ratio has changed 10.17% with respect to the historical average. Over the past ten years (40 quarters), AXL's Current Ratio was at its highest in in the March 2017 quarter at 3.33. The Current Ratio was at its lowest in in the March 2019 quarter at 1.47.
Average
1.72
Median
1.67
Minimum
1.50
Maximum
2.05
Discovering the peaks and valleys of American Axle & Manufacturing Holdings, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 27.59%
Maximum Annual Current Ratio = 2.05
Minimum Annual Increase = -22.05%
Minimum Annual Current Ratio = 1.50
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.63 | -2.43% |
| 2023 | 1.67 | 0.47% |
| 2022 | 1.66 | -6.87% |
| 2021 | 1.78 | -6.88% |
| 2020 | 1.92 | 5.89% |
| 2019 | 1.81 | 20.99% |
| 2018 | 1.50 | -6.44% |
| 2017 | 1.60 | -22.05% |
| 2016 | 2.05 | 27.59% |
| 2015 | 1.61 | -3.04% |
The current Current Ratio of American Axle & Manufacturing Holdings, Inc. (AXL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.65
5-year avg
1.73
10-year avg
1.72
American Axle & Manufacturing Holdings, Inc.’s Current Ratio is less than Standard Motor Products, Inc. (1.96), less than Douglas Dynamics, Inc. (2.01), less than SES AI Corporation (8.23), greater than ECARX Holdings, Inc. (0.53), greater than BJ's Restaurants, Inc. (0.36), less than Cars.com Inc. (1.82), less than Aeva Technologies, Inc. (3.18), greater than Cooper-Standard Holdings Inc. (1.38), less than XPEL, Inc. (2.78), greater than Cracker Barrel Old Country Store, Inc. (0.50),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.96 | $814.81M | |
| 2.01 | $741.23M | |
| 8.23 | $846.22M | |
| 0.53 | $654.89M | |
| 0.36 | $840.97M | |
| 1.82 | $724.94M | |
| 3.18 | $881.49M | |
| 1.38 | $528.76M | |
| 2.78 | $1.36B | |
| 0.50 | $631.99M |
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